Oman Arab Bank has selected BPC Banking Technologies’ SmartVista suite for its payments business. SmartVista replaces the bank’s existing legacy platform ACI Worldwide’s Open2. The bank will be able to use SmartVista to manage its ATMs, comply with future standards for the introduction of EMV; and provide card issuing and fraud prevention. The payments suit will be interfaced to the bank’s core banking software, Misys’ Equation for conventional banking operations and Path Solutions’ iMAL for Islamic financing. In the future OAB will offer EMV compliant Visa card products as well as support local cards (Islamic) based on Visa Electron. The bank will also acquire AmEx cards for the first time; and SmartVista will provide support for e-commerce for Visa debit cards issued by OAB. The bank’s retail banking GM Fahd Amjad said the partnership with BPC gives it the ability to innovate products and adapt our business offerings to changing consumer demands.
